US 2 Year Yield Technical Analysis
The US two-year yield is calming down a little bit, as is the 10-year yield. I’m watching both, but I’m paying a little bit more attention to the 2-year yield to see if it rolls over. If it does, that might provide a little bit of U.S. dollar weakness. We are seeing several currency pairs get a little bit stretched at the moment in favor of the U.S. dollar, so a little bit of giveback would not necessarily be the biggest surprise.